Aldebaran denies $1.5B Altar project cost on Reuters
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) disputes a Reuters report on Friday that an economic study due next month on the Altar copper-gold project in Argentina will show costs of…
Financial Matters, M&A
Gold boom drives rising costs for Aussie producers
As Australian gold producers set forecasts for their 2026 performance, a clear trend has emerged that sets them apart: costs are expected to rise even as non-gold miners predict lower…
China’s rare earth exports jump
China’s exports of rare earth products surged in July to levels not seen since January, underscoring Beijing’s easing of export restrictions and tensions with the U.S. Volumes rose 69% to…
Sigma Lithium surges as output climbs, costs fall
Sigma Lithium (TSXV, NASDAQ: SGML) surged to a one-month high on Friday as investors welcomed the company’s second-quarter production increase and cost cuts despite weaker-than-expected earnings. Lithium oxide concentrate output…
Mosaic to sell Brazil potash mine for $27M cash
Mosaic (NYSE: MOS) agreed to sell its Taquari-Vassouras potash mine in Brazil to VL Mineração for up to $27 million in cash, with the buyer also assuming about $22 million…
Barrick sells Chile gold project to Boroo for $50M
Barrick Mining (NYSE:B; TSX:ABX) is selling its Alturas gold project in Chile to a Singapore-based unit of Boroo for $50 million (C$69 million) in cash, plus a 0.5% net smelter…
Minera Alamos buys Equinox’s Nevada assets for $115M
Minera Alamos (TSXV: MAI) agreed to buy some Nevada assets from Equinox Gold (TSX: EQX; NYSE-A: EQX), a move that it says will provide cash flow to support the company’s…
OceanaGold hits new high as gold prices lift Q2 results
OceanaGold (TSX: OGC; OTCQ-X: OCANF) set a new all-time high on Thursday after the company reported record quarterly profit and revenue thanks to rising gold prices. Shares of OceanaGold rose…
Site visit: PLS now runs world’s biggest hard-rock lithium resource
Australia’s PLS (ASX: PLS), formerly Pilbara Minerals, has increased the resource at its Pilgangoora lithium operation in Western Australia by nearly a quarter through gains in tonnage and grade, overtaking…
SSR Mining soars on strong earnings beat
SSR Mining (Nasdaq, TSX: SSRM), the third-largest U.S.-based gold miner by output, soared to its highest share price in nearly two years on Wednesday after reporting second-quarter results that incorporated…
Top 10: Down Under giants adapt to global shifts
In The Northern Miner’s annual look at the world’s largest miners, Australia always figures prominently. This is third in a series after Canada and the United States. The southern continent’s…
Fresnillo lifts gold forecast on first-half surge
Shares in Fresnillo (LSE: FRES) jumped 6% on Tuesday after the Mexican precious metals miner raised its gold production forecast for the year, driven by a strong first-half performance of…